Meet Smash Ventures, the low-flying outfit that has quietly funded Epic Games among others

 the walt disney company

Smash Ventures is an investor in the games giant Epic Games.

TechCrunch

Smash Ventures is an investor in the giant Epic Games game company. The venture capital firm was founded jointly by Eric Garland and Evan Richter after leaving Disney. The pair say that after striking out on their own a few years ago, they were not trying to duck the press. Smash Ventures has a debut fund of $75 million from strategic partners and significant investors such as Kevin Mayer and Ed Catmull, co-founder of Pixar, Among other companies, the company has invested in DraftKings, Nobull, Manscaped and the biggest e-learning startup in India, Byju’s.

The two say they can collect “several hundred million dollars” from their LPs for a stake in the company together. With the help of their limited partners, the company also “flexed up” to put a separate $200 million into other of its handful of portfolio companies. When they first heard about Smash Ventures, some reporters actually turned over rocks, says Eric Garland, who used to lead the Walt Disney Company’s venture and growth deals and sold his company, BigChampagne, to Live Nation in 2011. Smash has a network of former Disney execs working with its portfolio companies “While Smash wrote its first check in 2018, it has only five portfolio companies to date, Mayer credits Richter and Garland with finding “a lot of really cool businesses such as Epic. With that $75 million pool of capital, it plans only to invest in 10 to 12 companies altogether, writing checks as small as $5 million to $10 million

Richter suggests that the company is now on the hunt for the next big thing that Smash suddenly goes public with his efforts. For our portfolio companies, we make a lot of noise, but we are very heads-down on ourselves,” Garland says.” We like to stay focused on being focused. We like to stay focused,” Garland said of the company’s focus on investing in technology start-ups, adding, “We are all heads down ourselves. The organization has invested in a number of technology startups, including Byju’s, Epic Games, DraftKings and Manscaped

It has an overall capital of $75million. #Robert #Downey Jr is the #leader of the #investment fund, the Footprint Coalition, which will try to spot green #technology companies.

Eric Garland and Evan Richter co-founded the venture capital firm after leaving Disney.

TechCrunch

Disney’s streaming service Disney Plus has surpassed 100 million subscribers.

The Verge

Disney Plus, the company’s streaming service, has surpassed 100 million subscribers. During the company’s annual shareholders meeting, executives announced the achievement. The service has only been available for about a year and a half. By 2024, Disney hopes to have between 300 and 350 million subscribers. The Falcon and the Winter Soldier, which will premiere on Disney Plus on March 19th, is the next big show, and there are several others in the works.

The company has also set a goal for the streaming service to add more than 100 new titles per year, including Disney Animation, Marvel, Star Wars, and National Geographic. Analysts are likely to be interested in the revenue breakdown of Disney Plus HotStar, which has a lower average revenue per customer. Return to the home page of Mail Online Return to the previous page.”Disney Plus” is currently available in the United States, Canada, Australia, and the United Kingdom, with plans to expand to Europe and Latin America in 2015. On January 2nd, 2021, the service will be free to sign up for for the first time, and it will be available on the Disney streaming service’s website. Disney executive chairman Bob Iger announced that he will be leaving the company at the end of the year.

This is the last shareholder meeting he will attend. The Footprint Coalition, led by #Robert #Downey Jr, is a #investment fund that will try to identify green #technology businesses.

Disney is adding an NFC pass to your iPhone and Apple Watch.

The Verge

Your iPhone and Apple Watch will now have an NFC pass from Disney. MagicMobile will be available in the second half of this year. Your Apple Wallet will be credited with the pass. It will not be able to take the place of the My Disney Experience app, which functions as a digital room key for hotel guests. Those who want to buy a plastic MagicBand will still be able to do so, according to the company.

The company has not stated when the service will be made available to the general public, but it has stated that Apple devices will be the first to have access. The Footprint Coalition, led by #Robert #Downey Jr, is a #investment fund that will try to identify green #technology businesses.

 the walt disney company

Black Widow and Cruella are now set to debut on Disney Plus as $30 Premiere Access titles.

The Verge

Black Widow and Cruella DeVil are now available as $30 Premiere Access titles on Disney Plus. The release of Black Widow has been postponed for another two months. In addition, Disney has announced new release dates for a number of other major films in 2021. Deep Water and Death on the Nile have been postponed until 2022, while The King’s Man has been postponed until December 22nd. The company also announced that Pixar’s Luca will no longer be released in theaters and will instead be released on June 18th for all subscribers, rather than the usual May 7th release date.

The reason for the delay is unknown, but given the Marvel universe’s interconnectedness, it’s possible that it’s due to story concerns. Because Black Widow is almost certain to tie into the upcoming Disney Plus Hawkeye show, the delay could push back Disney’s streaming shows, which were already set to premiere later in 2021. Free Guy and The King’s Man, a prequel to The Kingsman, have been pushed back to August and December, respectively, in an unprecedented move that emphasizes how important the streaming service is to Disney. Cruella de Vil and Black Widow will assist Disney in gaining a better understanding of what premium home streaming will entail. The decision to release the films will also provide a glimpse into what the future of home streaming might look like.

It’s just one of many ways that streaming services are altering the cinematic experience. The Footprint Coalition, led by #Robert #Downey Jr, is a #investment fund that will try to identify green #technology businesses.

Disney’s “Black Widow” and “Cruella” will be released to Disney+ at the same time as theaters.

TechCrunch

“Black Widow” and “Cruella” from Disney will be available on Disney+ at the same time as they are released in theaters. To watch the films on Disney+, subscribers will have to pay an additional $29.99. All Disney+ subscribers will be able to watch the movies at no additional cost in the future. It’s the latest in a long line of hybrid strategies employed by Hollywood studios in preparation for their 2021 theatrical slates. This will be the first Marvel film to be released since the outbreak began, and it will be the studio’s first live-action film since last fall’s “Mulan.”

The studio has repeatedly pushed back other releases to accommodate this streaming strategy, but it’s possible that it won’t do so for this one as well. The move is a tacit admission that moviegoing in theaters may not be returning to normal anytime soon. In some markets, theaters are reopening, but at a reduced capacity. The Footprint Coalition, led by #Robert #Downey Jr, is a #investment fund that will try to identify green #technology businesses.

Published by Ana Miller

Ana Miller is a technology journalist who covers corporate and policy intersection. Born in London, Ana has been at The HowToGuide almost two years, and has written extensively about the technology industry.

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